SAS Shipping Agencies Services Sàrl Launches Tender Offer for Clasquin

SAS Shipping Agencies Services Acquires 42.06% of Clasquin, Launches Tender Offer for Remaining Shares

October 9, 2024

Transportation

MSC Mediterranean Shipping Company SA subsidiary SAS Shipping Agencies Services Sàrl has completed the acquisition of 42.06% of Clasquin SA shares from Yves Revol and OLYMP at EUR 142.03 per share, subject to regulatory clearances. SAS plans to file a tender offer with France’s AMF for the remaining Clasquin shares and intends to pursue a squeeze-out if conditions are met.

CLASQUIN Acquires 63.52% Stake in TIMAR SA

March 28, 2023

Logistics & Distribution

CLASQUIN, through its subsidiary Financière Clasquin Euromed, completed the acquisition of 63.52% of TIMAR SA from the Puech family group at MAD 450 per share. The deal strengthens CLASQUIN's EuroMed‑Africa footprint and its Road Brokerage/RORO capabilities; a mandatory takeover bid for the remaining shares will be filed within regulatory timeframes.

CMA CGM Group Acquires Ingram Micro's Commerce & Lifecycle Services (CLS)

December 8, 2021

Logistics & Distribution

CMA CGM Group has signed an agreement to acquire most of Ingram Micro's Commerce & Lifecycle Services (CLS) business, including the Shipwire order-fulfillment platform, for an enterprise value of USD 3.0 billion. The transaction will be integrated with CMA CGM's subsidiary CEVA Logistics to bolster the group's contract-logistics and eCommerce capabilities, particularly across the U.S. and Europe; the CLS business reported approximately $1.7 billion revenue and ~11,500 employees in 2021.

Sphinx Investment Corp. Extends Tender Offer for Performance Shipping Inc

February 5, 2025

Transportation

Sphinx Investment Corp. extended the expiration date of its previously announced tender offer to purchase all outstanding common shares and associated rights of Performance Shipping Inc. for $3.00 per share in cash. As of February 4, 2025, 1,695,424 shares had been validly tendered and not withdrawn, and consummation remains subject to customary offer conditions.

CCL Industries to Acquire Sleever International for ~$151 Million

March 14, 2026

Packaging

CCL Industries has signed a binding option agreement to acquire Sleever International Company SA and its subsidiaries for approximately $151 million, subject to customary closing adjustments. The deal consideration will be paid through a combination of cash and assumed net debt and is expected to close by mid-2026 after worker council consultations in France.

Global Loan Agency Services Acquires Pristine SAS

September 1, 2023

Financial Services

Global Loan Agency Services (GLAS), a portfolio company of Levine Leichtman Capital Partners (LLCP), acquired Paris‑based Pristine SAS, a fiducie and asset/trust management firm. The deal—originally agreed in August 2023—completed in March 2024 and expands GLAS's fiduciary, fund structuring and administration capabilities as it deepens its presence in France and Europe.